.png){kind=logo}
The crypto market cap is close to the $3T valuation, with more projects springing up daily. Many investors are on the lookout for tokens that will guarantee short and long-term profits. Bonk (BONK), Shiba Inu (SHIB), and FLOKI (FLOKI) have witnessed massive rallies in the past few days, with analysts picking them as the best meme coins to buy now. Meanwhile, Pullix (PLX) is making waves in the market after witnessing massive trading activity upon listing on Uniswap.
Even though Bonk, Shiba Inu, and FLOKI are on an impressive rally, analysts are still optimistic about the potential of Pullix (PLX) and pick it as one of the best DeFi cryptos to buy now. A 300% ROI has been received by early investors who bought the PLX on launch, with more returns coming up.
The Pullix platform aims to resolve all bottlenecks associated with DeFi and CeFi exchanges. Pullix plans to achieve this by offering high liquidity, zero transaction fees, and fast transaction processing. The platform also promises superb security to protect investors' digital assets. The tokens liquidity pool has been locked for 2 years in Uniswap to build trust and ensure stability.
The Pullix token which was listed on Uniswap at a set price of $0.168 now trades for $0.70, barely 2 days after listing. By tomorrow, BitMart CEX will list the token. Notably, XT.COM, a popular crypto exchange, has listed the PLX under its innovation zone and under the PLX/USDT trading pair.
Zooming in, the PLX key market indicators are surging. The market cap has increased from $33.6M to more than $140M with the token targeting the $500M mark. At the current trajectory, some analysts have projected an 800% rally in the year. Meanwhile, token holders can also earn more through the Pullix profit sharing model in which token holders will be given a percentage of the Pullix daily revenue.
The BONK price chart has shown a strong upward movement in recent times. The Solana-based meme coin price has increased by 215% in the past month and 95% in the past week, based on data from CoinMarketCap.
The BONK trading volume has been declining in the past few days as the meme coin market loses bullish steam. Despite the decline, some analysts still think the BONK token will witness a resurgence soon. They base their prediction on the fact that meme coins thrive on hype. The more FUD, the higher the chances of the meme coin market booming. Based on its market stats, BONK is one of the best meme coins to buy now.
The Shiba Inu token, an Ethereum-based meme coin, is one of the top meme coins to watch out for in the crypto market. This is based on its market stats which show a massive 287% rise on its monthly price chart. Shiba Inu price has also gained 198% in the past week, according to CoinMarketCap.
Despite its positive price surge, the Shiba Inu trading volume is declining which shows decreasing trading activity. Some analysts think the declining market activity could hinder the ongoing rally.
The FLOKI token price surged after the proposal to burn 2% of the meme coin supply was approved by the community. For context, market stats show that the FLOKI price has gained 400% in the past month and 139% in the last week. There are conflicting signals on the FLOKI key market indicators.
The FLOKI trading volume is declining. However, the market cap is increasing. Analysts believe that as long as the meme coin market continues to boom, the FLOKI token price will continue to rise.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
